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The Yrefy
Student Loan Calculator

Student loans can add up fast. Use this calculator to see exactly what your monthly payment looks like, and how much you'll pay in interest over time. You can also simulate what it looks like if you pay bi-weekly or monthly, and how that changes when you'll finally be done paying.

At Yrefy we offer student loan refinancing for struggling or defaulted borrowers. We have built a student loan refinance calculator to help delinquent or defaulted borrowers understand how we can help them take control of their money and say hello to their debt-free future.

Student Loan Planning Tool

Estimate your payment, interest, and payoff timeline

This calculator helps users estimate monthly payment, total repayment, payoff timing, and how extra payments may reduce overall interest and total repayment amount.

Loan details

Adjust the fields below to model a new or existing student loan repayment plan.

Enter the total borrowed amount.
Annual fixed interest rate.
Select the repayment length in years.
Used for the amortization schedule.
Optional amount added to each payment.
Bi-Weekly accelerated applies the equivalent of 13 full payments per year.
Why Choose Yrefy
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Fixed APR Offer Range
Fixed APR's Between 0.1% - 5.99%
✓
Qualification Approach
We Don't Use FICO Scores as a Primary Factor to Qualify

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See what options may be available and start your application.

Repayment snapshot

This could be your new monthly payment

See how much goes to principal versus interest and how extra payments change the timeline.

Estimated monthly payment $0
Total repaid $0
Total interest $0
Projected payoff —
Repayment breakdown
Total repaid $0
Principal balance
$0
Interest paid
$0

Monthly vs Bi-Weekly Payments

Payment
Months to Payoff
Interest Saved
Monthly Payments
$0
0
$0
Bi-Weekly Payments
$0
0
$0

This calculator uses a standard amortization formula. Bi-Weekly accelerated mode applies half of the monthly payment every two weeks, which results in the equivalent of 13 full payments per year and may reduce total interest and shorten payoff time.

Amortization schedule

Track how each payment is split between principal and interest over time.

How the Yrefy Student Loan Calculator Works

Estimate your payment, interest, and payoff

This calculator will estimate your monthly loan payment, total repayment, payoff timing, and how extra payments may reduce the total repayment amount. It also includes an amortization schedule that shows how each payment will be applied over the life of the loan.

Enter your loan information and get a breakdown of your payments and payoff timeline.

 

Key Inputs You’ll Need:

  • Loan Amount: Your total outstanding balance of all your current student loans. If you have multiple loans, enter the combined total.
  • Interest Rate: Enter your current interest rate. Not sure what it is? Check your most recent statement or contact your loan servicer.
  • Repayment Term: Select how long you expect to repay the loan. A shorter term usually means higher monthly payments with less interest paid overall. A longer term lowers your monthly payment but increases the total interest paid over time.
  • Extra Monthly Payment: Use this section if you plan to pay more than the minimum each month.
  • Bi-Weekly Payments vs. Monthly Payments: Splitting your payment in half and paying every two weeks results in one extra full payment per year.

When changing from extra monthly payments to bi-weekly vs monthly payments, make sure you click calculate after your selection to see the calculations for your new selection.

What Your Student Loan Calculation Includes

  • Estimated Monthly Payment: This is an estimate of what you owe each month, covering both principal and interest.
  • Total Repayment Amount: The total you could pay back over the life of the loan, including interest. Adjusting your term or rate in the calculator shows you how this number can change.
  • Total Interest Paid: How much of what you pay goes to interest rather than your actual principal balance.
  • Extra Monthly Payment Impact: Even a small amount above your minimum each month can shorten your loan term and reduce the interest you pay. Enter an extra payment to see how much difference it can make.
  • Amortization Schedule: A month-by-month breakdown of how the balance decreases, and how your payment is split between principal and interest.

Benefits of Using a Student Loan Calculator

Knowing your numbers gives you a clear picture of your monthly payment, which helps you budget, plan, and make smart decisions about your loans. See how paying extra each month or adjusting your term can change your financial situation.

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Refinancing Options We Offer

Bad Credit

We specialize in default and delinquent student loans. Learn more about how Yrefy works and what makes us unique.

Consolidation

We can help you consolidate multiple private student loans into one loan with a low fixed interest rate. 

No Cosigner

We offer no cosigner private student loan refinancing options with low fixed rates.

Undergraduate

There are many undergraduate private student loans we help refinance and get you a lower rate.

Graduate

Graduate schools student loans can be expensive especially for business or medical school.